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INTERCARGO supports IMO’s MEPC 77 shipping decarbonisation goals by 2050

25 Nov 2021

The International Association of Dry Cargo Shipowners (INTERCARGO) on Wednesday (24 November) released a statement supporting IMO’s MEPC 77 shipping decarbonisation ambition during its remote meeting this week.

“Given the harsh realities and the tremendous challenges of decarbonisation and of the associated energy transition, from technological, economic, and societal points of view, INTERCARGO fully supports the drive and the ambition to achieve zero emission shipping by 2050,” it said.

However, shipowners will only deliver such a target with a drastic and urgently needed acceleration in the commercial development of the required technologies, fuels, propulsion systems and related infrastructure.

IMO’s MEPC 77 is the place for governments / Member States to take action and adopt the necessary measures:

  1. In the short term, an immediate priority is the approval of the industry proposal for the Establishment of an International Maritime Research and Development Board and an IMO Maritime Research Fund – as set out in paper MEPC 77/7/6 cosponsored by INTERCARGO.
  2. INTERCARGO has also, jointly with ICS, put forward a proposal for a global levy on carbon emissions from ships as a medium-term Market Based Measure, in order to accelerate the uptake and deployment of zero-carbon technologies and fuels – as set out in paper ISWG-GHG 10/5/2.

In conclusion, INTERCARGO supports the IMO in meeting the shared, global challenge of delivering on the shipping industry’s decarbonisation agenda and in representing the dry bulk ship owners, managers and operators, invites IMO’s MEPC 77 to take action appropriately.

Related: INTERCARGO: Global challenges require global solutions to achieve zero-emission shipping by 2050
Related: MEPC 77: Governments to decide on ICS USD 5 billion R&D fund to accelerate decarbonisation goals
Related: MEPC 77: IMO must rapidly cut emissions of black carbon from shipping, says Clean Arctic Alliance
Related: IMO schedules remote session of Marine Environment Protection Committee (MEPC 77)


Photo credit: INTERCARGO
Published: 25 November, 2021

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